Executive summary

This policy paper outlines the crucial role of sustainable finance in achieving global sustainable development goals (SDGs). It emphasizes the need for a holistic approach that integrates Environmental, Social, and Governance (ESG) considerations. 

The paper recommends enhancing the role of trade unions in sustainability discussions, developing a social taxonomy alongside environmental considerations, and ensuring that financial regulations are aligned with SDGs. It also advocates for comprehensive training for finance sector employees on sustainability issues and protecting their rights to provide unbiased, sustainability-focused advice. By embracing a holistic ESG framework and actively involving trade unions and finance employees in policy-making, the EU can strengthen its leadership in sustainable development and ensure a just transition to a sustainable economy.

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